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tv   The Willis Report  FOX Business  January 31, 2013 6:00pm-7:00pm EST

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men before valentine's day. it's silly. there's a lot of things that are sexy. >> sexual healing, none of which are boyz ii men. >> the two biggest countries in the world, russia and china, have different views on what helps the economy. russia wants more babies, and china has a one baby policy. different views on how to grow. i'm with russia. they are crazy, but with them. melissa: airport related, wonder what they think of next. a belt that lets you zip through security. it was created by a designer who knows the importance of moving at a speedy pace. you can save five seconds at the airport. wow. what do you think? >> i just -- anything to go through security quicker, but i do want just booties for my
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feet. when i take the shoes off, that's what they should invent, booties you just fly through security. >> that's what loafers are. >> you have to take them off. i understand that. but shoes with laces in them are a dying breed. have to hate those rules. melissa: we solved a lot of problems. >> we did, sex and shoes. melissa: thank you very much. that's all the "money" we have for now today. we'll see you here tomorrow. the "will las report" is next. gerri: hi, everybody, i'm gerri willis. president obama disbands the jobs council, why it failed, and why nothing it taking its place. also, the "new york times" says chinese hackers broke into its computers. china about to unleash a new cyber assault on america? it's almost super bowl sunday. super reports is here with the best flat screen tv, even if
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you're not a football fan. tonight "the willis report" is on the case. ♪ we'll have all of that and more coming up, but, first, where are the president's big ideas to get the economy going? more than 12 million people without a job in the u.s., our economic growth sputtering, below 0, now one day until the new jobs report is expected to show the unemployment rate no better, flat. president obama dismissed the jobs council. with more, brian westberry, the chief economist at first trust advisers. i'm going to start with you, jason. what are the president's new ideas? >> ha-ha, on jobs? i don't think he has many new ideas. i don't think job creation is much of a priority. the jobs council was set up
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after the midterm election in 2010. the party took a pounding,mented to show the american people he was concerned about the unemployment rate, but i think his social policy agenda is more important. obamacare, alternative fuels, that sort of thing. remember this is a president who looks favorably on the european welfare model, welfare state model where double digit unemployment is the norm. lower productivity, double digit unemployment, that's the price for cradle to grave entitlement programs. he's looking for a new normal here in the united states. get used to unemployment and higher government spending. gerri: what do you think of of t the the council recommended? lowering taxes, corporate taxes, ensure people have opportunity. what did you think of those ideas? were they good? >> well, you know, i didn't look at every single one, but anybody that runs a companment -- company wants a clear playing field; right? less regulation, less
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competition with government, lower taxes. those are all the things that would help america be more competitive, but those are, against what jason just rightly pointed out where obama's economic policies, which are really social policies. he wants the country to look a certain way and be directed by the government, not by the private sector. gerri: that's true. >> so the bigger the government gets, by the way, the higher the unemployment rate is going to be. we see that -- gerri: that's true. >> we look all around the world, that's why we have such a high unemployment rate today. >> there's job opportunities of plepty under the president's nose. the keystone pipeline, shale gas boom, companies overseas to repatriate, invest domestically, but he's not interested. gerri: he wants infrastructure projects. >> they have a lot to answer for these days, a lot. we have the government spending.
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it was supposed to kick start the economy, but in all of 2012, 2.2% growth, and going forward, he raised taxes. he wants to raise them begin. more growth under these policies? gerri: brian, this was a report from kkr about the total cost of stimulus spending; right? it was unbelievable. unbelievable. something like $7 trillion. $7 trillion. what do we have to show for that? unemployment the same level it was when the president took office. we have a gdp report, the economy didn't expand in the last quarter, but strength by the tenth of a percent. consumer confidence is not up; it's down. looking at the details, you come away thinking, wow, all the money out the door, and what do we have to show for it? >> right. we have been forecasting and expecting and seeing what we call a plow horse economy. it's not a racehorse. it apt going to win the kentucky
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derby. it's a plow horse. it moves hade. our average growth in three years has been 2% a year. which, by the way, equals the last four decades average growth in france or germany. this is a -- we are already france. we have 2% up employment. gerri: we are already france. we don't have a 75% tax rate for people making a million bucks or more; right? >> that's right. the key reason we are growing so slowly, i mean, we have great new technologies, gerri. the cloud, the smart phone, the tablet, fracking, 3-d printing. biotech energy. gerri: what's the problem? >> the government, well, i'm going to change the metaphor a little bit. let's imagine we were a racehorse, and back in the 1980s and 1990s, the jockey weighed 112.5 pounds. now we have swollens jockey, the size of the government, now the
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jockey is 250 pounds. no way it can run as fast. >> what's scary, if you parse the jobs data, people between 25 and 54 years old, for them, the job growth over the past three years has been virtually zero. even though we see a little bit better unemployment rate numbers, job growth is still not where if needs to be to get the economy going. gerri: i want you to hear something the president's adviser, pr man, had to say about what's going on in this -- >> jay carnye. >> we have seen consistent job growth almost over three years. home prices are climbing back. consumer confidence overall is rising and consumer spending is rising. there's more work to do, and our economy is facing a major head wind, which goes to your point, and that's republicans in congress. gerri: all right, jason. if you parse everything the man says there, some of that is not
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true. consumer confidence is not up. not right now. you know, what is it? the purview of politicians to say anything they want to about the economy and hope we don't notice 1234 >> that sounds like a politician to me, gerri, very much like one. yes, the administration still wants to blame the republicans, even though their guy -- democrats want to blame the republicans even though their guy has been in office for four years. what the president is signaling with things like the treasury nomination, jack lew, it's going to be more of the same. he doesn't have expertise. he's a washington insider and browler. he'll push republicans to raise revenue, especially for the socialized medicine that's very expensive. gerri: amen to that. brian, a question to you as a economist. >> sure. gerri: personal income up 2.6%, personal savings rates up 6.5%.
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what is going -- you know, consumers are supposed to be the majority of the economy, two-thirds of the economic spending. what's going on there? >> yeah, well, in fact, consumers are spending, gerri. you know, i mean, this is where it is kind of interesting. the economy is growing. i -- i listened to jay carney's words. he's not lying. i'm sorry. i'm going to disagree. gerri: he got one number wrong, my friend. he absolutely did. overstating consumer confidence. as you know, that's critical. >> gerri, consumer confidence bottomed back in 2009, and it is rising consistently -- gerri: other than the last month. >> okay, if the 49ers kick a field goal in the second quarter to go ahead by one point, that doesn't mean they are going to win the game. gerri: okay, brian, all right, brian -- >> doesn't mean the ravens are not playing way -- gerri: brian, let me ask you this question, though. we talked before we came to air
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what happened to gdp, and you see the economy continuing to spend, is it possible, though, we get a second quarter of negative gdp growth and technically in a recession, again? >> well, i suppose anything's possible, but -- gerri: likely in your view? >> no, it's not likely, and i've been saying that for three years, and the bears on the economy have been expecting this double dip and recession for going on three years now. we're going to add tomorrow about 160 thousand jobs in the month of january. housing is getting stronger. gerri: yes, it is. >> consumer confidence might have fallen last month, but it's eight of the last 12 months. >> even if we don't have another recession, what is on the horizon? where's the growth going to come from going forward? 2.2% growth in all of 20 # 12, and the last quarter, in growth at all. we have a president who raised
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taxes already, wants to raise them again. he's making it more difficult to hire people, more difficult to start businesses in the country. where's the growth coming from even if we don't go back into another recession? gerri: all right, bull and bear, right there. thanks for coming on tonight. thanks so much. good conversation. really appreciate both points of view. >> thank you. gerri: all right, now for the latest developments in the story we followed for some time, no surprise here, congress has once again officially as they do oh, so well, kick the can down the road approving the debt ceiling show down until may. it was a 64-34 vote on the way to president obama who says he will sign it into law allowing uncle sam to borrow hundreds of millions of dollars more to meet obligations. without this legislation, the government would have surpassed its $16.4 trillion debt ceiling next month. just avoided that. more to come this hour including the latest on china hacking into
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our computers, and more than $7.5 trillion. that's how much money was pumped into this economy in five years. where did it go? did it do any good? i'll break it down, next. ♪ not their short-term agenda. [ male announcer ]oin the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®.
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♪ >> you know, sometimes it's the numbers that tell the story, and, tonight, there is one number, just one number that tells you everything you need to know about what's wrong with washington's play book. that number? 7.66 trillion, as in dollars, as in taxpayer dollars. now, that's a total of all the stimulus dollars the federal government has used to set this nation's economy back on the right path. 7.66 trillion. that's a lot of money. you know what? it's 49% of our nation's gdp. in other words, we spent half of what the world's largest economy can produce in a single year to
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bail out a lot of people. the list is long. take a look at this. this is democrats and republicans, okay. it's bush and obama. bear sterns, $29 billion. you probably don't remember that; right? bell, they didn't survive. it's not around anymore dispete the bailout. there's the economic stimulus checks to your house. remember that? didn't do a thing. the first bail yows of homeowners under bush, $300 billion. nada. we talk about the bailouts, money out of door. the aig bailout, 42. emergency economic stabilization act of 2008, you know it as t.a.r.p.. we talked a lot about that. $700 billion, and, boy, is that money just out the door and wasted and gone. awe toy makers bailout, two tranches, the first was 25, and then the american recovery and reinvestment act of 2009, $787 billion. more money gone forever.
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president obama has his bailouts, small business lorns. s list goes on and on, and another bailout. the fed takes over, and it's qe 1-rbgs. qe2. operation twist. qe33. the list goes on and on. almost, well, more than 400 billion dollars worth of money out the door. we extend the payroll tax cut. remember that? it goes on and on. it never ends, all taxpayer money. where are we now? well, nowhere as far as i can tell. unemployment at 7.8%, as we said, exactly where it was when president obama took office. the economy getting smaller, and consumers and taxpayers say they are not too happy. consumer confidence numbers down. it's no wonder all of the money out the door, much to be paid back, and our economy is not recover. stimulus spending was a bust. next time you hear paul saying we need more stimulus spending, ask him, hey, buddy, where's my
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7.7 trillion? he doesn't have an answer. well, coming up later in the show, how a student loan debt crisis in the country got so bad and is getting worst, and, first, iran, now china hacking into our computers. is your information and money safe? what does china want? find out, next. ♪ [ kitt ] you know what's impressive?
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a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >> two major u.s. newspapers claiming they are under attack from china. the cyber hacking a new form of warfare? details, next.
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gerri: a dangerous escalation today in cyber attacks on american computer systems by the communist chinese. both the "wall street journal"
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and the "new york times," big newspapers here in the u.s., reporting chinese hackers have attacked their computers. china, denying the reports. with more on this, eric, writer for all things digital. eric, welcome back to the show. >> hey. gerri: what were they after here? >> worried about an invest gaitive report that the "new york times" was working on on the wealth of the family of the chinese premier. gerri: so they are worried about, look, they are standing in the world, embarrassing the leadership of the country, a -- >> a public relations problem, and they wanted to get, apparently, that's the guess at the motivation, wanted to know what the times knew, who had the insertion, and how did they get it. gerri: how did the "new york times" find out they were being hacked? >> suspected they might be because they knew the report was comes. they were on the lookout, and, sure enough, there it was.
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gerri: chinese get what they want, you think? >> the times did a gutsy move here. they let it happen in order to watch what the attackers did. watch how they got in and out, made sure they saw where all the doors were, vir chiewr doors, and when they were ready, shut it down, closed the doors, and shut everybody out. gerri: published the story anyway. >> did, and a great story today about what happened. >> everybody's picking up on it. here's what the editor said, "security experts found in evidence of sensitive e-mails or filings about the wynn family, access, downloaded or copied. in effect, the chinese government couldn't do anything about it." they are denying. >> couldn't stop it. they had access to the computers. they could have done damage. gerri: they were in the shadows? >> all in the shadows, and so, you know, watching the attackers do what they did, you learn a lot. gerri: is this the new form of warfare out there?
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we talked about the topic before. other examples of it. we see u.s. banks hacked, and, by that, i mean, they trieded to close the front door of the banks so that i cant access my bank of america checking account, whatever. will it get more serious? do you think real damage will be done? >> yeah, i think so. i wondered about this for quite a while. you know, we talked about how the u.s. and israel have teamed up to attack the iranian nuclear research programs, but, china has a long history of trying to penetrate the networks of american companies, intel and google publicly acknowledged they were attacked. what's happening there is china is looking for intellectual property to steal. there's a question of attribution, a level of separation between who attacks and who wants it to be attacked. there has to be plausible deniability. the government can say, we didn't doe it. we didn't do it. there's someone else acting on their behalf.
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gerri: well, yes. china is not known for fessing up a lot. >> exactly. gerri: frankly, it's occurring on everybody's part, over and over again. >> yep. gerri: talk about virtual war, about drones, this seems to me, another of the same kind. >> as our society becomes more dependent on computers and digital infrastructure, disrupting it will be an increasingly important aspect of all kinds of warfare, whether it's slow, low intensity cold type war or a hot war. we have seen countries, countries of astone ya. i met the president there, and his country was under attack from russia because of the movement of the war statue. it was a big politically sensitive issue. gerri: electronic. >> it was electronic. it was a virtual warfare, and ease estonia is the most well-connected country in the world. gerri: maybe we can get him on. >> you should, he's very nice. gerri: appreciate it. such a fascinating topic. chinese, hacking the "new york
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times" computers. wow. okay. up next, student loan debt in the country, the bubble about to burst? stocks not seen in decades, but many finding alternative investments. find out if it's the right line for you. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers.
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♪ from our fox business studios in new york, here, again, is gerri willis. ♪ gerri: well, we've been talking about staggering new statistics out revealing how serious the student loan debt crisis is in this country. is it the next bubble to burst? david and author of ""entering the shift age," joins me now. great to have you here.
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>> it's a pleasure. gerri: how bad is the situation? i look at the numbers, and, frankly, astonished. average student loan debt in the country is over $27,000. you graduate into the world, and you have almost $30,000 of debt on your back. almost impossible to get started. how bad is the situation? >> well, the student debt is just part of a larger bubble, the higher ed bubble. in other words, you have student debt that's over a trillion. i guess this is the show to talk about trillions, and you have on the supply side, you have universities going deep into debt. you have a system where the economics are unsustainable. the outcomes are questionable. the inefficiencies no longer cut it. if you look at the tech bubble and the real estate bubble, this has all the same makings; right? you know, what's stunning, the "wall street journal" had a statistic a couple weeks ago that the cost of higher education has gone up four times
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the rate of the cost of living since 2001, and twice that of health care. gerri: yeah, it's absolutely way out in front of inflation. absolutely true. i think you look at what's going on with the colleges. it's astonishing. it's almost they are warring to get students. what do they do? they build out what they offer of the you know, they have sushi bar in the lunch room. they have an olympic sized swimming pool. it costs money. because the government's involved, it's a blank check. the government makes student loan, and they are willing to write a loan to anybody at any time. how is it possible, now, you say it's a bubble waiting to burst. how is it possible that, maybe, these institutions could decide on their own to stop spending so much? >> well, i think, you know, markets correct bubbles; right? we have a situation, you may have heard, massive open online courses, so you have a college like university like mit, all
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the courses online. well, you can -- as parents, you can send your child for a quarter million dollars for four years, or maybe take all the courses, the exams, pass them, and maybe for $15,000 or $20,000, you get a certificate and not a degree of the that's one way, i think, spending could be brought done. the other, if you're a student at a four year institution, take online courses to be able to get out into three years so you have saved 25% of the total cost. gerri: all ways to cheat at the margin, but the virtual degrees, degrees online have -- don't have an incredible amount of credibility at this time. lots of criticism of the programs. do you think they are gaining credibility, especially when you have people like the ivies getting into the ball game? >> well, that's the exact difference. you don't have shysters, but stanford, mit, they are putting the best professors in the
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world. if you think about a business model, takes a few thousand people a year at whatever it is, $50,000 or $75,000, but they could sell it at $10,000 to 100,000 people around the world. i mean, that's what connectivity will do. let the marketplace decide whether you want to hire someone who passed that certificate or spent four years getting socialize on campus, you know? gerri: thank you for copping on, "entering the shift age," interesting topic, i agree with you completely, a bubble waiting to burst. thank you. >> well, glad -- thank you for having me, thank you, appreciate it. gerri: all right. a fox business alert. stocks closed lower today, but still a record breaking january. the s&p gained more than 5% this month, logging the best january, get this, since 1997. the dow, despite falling 50 points today, up 6% this month, making it the best january since
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1994. all right. listen to this. the stock market, hey, it's nearing all highs issue but if you are still skeptical about getting back into equities, there's another place to invest. it's wine. joining me now with the ins and outs, peter, founder of vinex limited, a wine broker specializing in introducing private individuals to the benefits of investing in wine. all right, so, peter, happy to drink a bottle of wine, but why would i invest in a bottle of wine? >> well, two separate things, gerri. fist of all, it's -- you got to look at the top 25 instances in the whole world, and people invest in it for two reasons, i guess. the first is because it's the most superb currency leveler. the americans buy fine wine, russians do, chinese do, the brazilians do. you can imagine it just going out of any currency and just one flat currency. it's not the first thing.
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the second thing is a lot of people coming out of bonds now looking for alternative assets, and they are not sure of the economy and want to get involved with something like wine. gerri: how do the wine funds operate? like any other mutual fund? >> yeah, absolutely, absolutely. you just got to be careful about, obviously, who you are trading with. you got to be going going for wines, that like a stock, exit as well as get into the market. gerri: well, you know, that brings up a question. we have a graphic here of, i guess you say the livex fine wine 100 index. it encountered problems. it's come down considerably in the last 18 months, and i just wonder why. does wine trade similarly to the s&p? does it trade against it? what's the typical trend? >> well, you got to look at it over a longer period of time. either you don't want to spot
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trade, the market, like you would do stocks and shares. this is between a three and five year hold as a base minimum with a $3,000 entry level if you buy one specific case. you know, there's a great thing, great article here last year, we just celebrated the queen's 60th an anniversary, and they looked for the best investment over the course of her reign since 1952, and wine beat gold, oil, s&p 500. gerri: wow. >> i think generally speaking, exactly, yeah, so a lot of people, now, just turning their heads a little bit away from traditional investments and getting involved in wine. gerri: i understand if you are serious, that wine is not in your house. you don't hold it at home. it's in a special warehouse somewhere. why is that? >> you and i like it to be in our houses, i know that because, you know, we like a nice glass of wine, i dweses, but, yeah, it's held in bonded warehouses, and that's -- you don't pay any duty that way, and consequently,
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the taxes are left to one side. when you get a sale, that's when you pay up. gerri: tell me about the fees. always important to ask about fees within any investment. >> yeah, absolutely. there's two fees, really, i guess. one is they just incorporated in the case of wine, a fund, obviously, the fund on the document is out there for everybody to see, of course, and the regulations, and more people put a -- i like to think of our firm as being, you know, it's the stockbrokers of the wine investment trade, and we just clearly state our fees. that's the way we go. gerri: all right, peter, we're out of time. i have more questions. you must come back. it's a fascinating topic, and we'd love to hear more about it. thanks so much for your time tonight, appreciate it. >> thanks for having me on. it's late at night herings but enjoy a glass when you get home. gerri: it is late there. thanks a bunch. we want to know what you think. all the talk of wine, the question, tonight, is this. what's a better investment?
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stocks or wine. log on, vote on the right hand side of the screen, and i'll share the results at the end of tonight's show. time for "that day in history on this day of business." 1940, the first social security academic issued to ida may fuller. fuller worked for the social security program for three years and retired at the age of 65 paying a total of almost $25 in social security taxes. that's all. she collected more than $22,000 until her beth at 100. shows you what's wrong with the social security program. today, the average monthly social security benefit for a retired worker is around $1200. at full retirement age, the maximum benefit is more than $2500 a month. in an effort to cut costs, by march, social security checks will not be sent by mail, but the first social security check was issued today, january 31st, 75 years ago. when we come back, a look at must-haves for any man cave.
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yes, the man cave, friends, no kidding. super bowl sunday coming up, and one of the items has to be a big screen tv. how do you choose the right one? we have tips with consumer reports, next. don't go away. ♪ this is $100,000.
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we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn'take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally.
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♪ gerri: ready for the big game sunday? well, if you're one of the seven and a half million americans planning on buying a new tv for the super bowl, you're in luck. joining me now with look of the best tvs out is paul reynolds from consumer is reports. i have more information than i know what to do with, but you are here to set my straight. i know you are intelligent on the topic. it's a good time to buy a tv, but there's 7.5 million people doing the same thing. how is that good? >> for two reasons. a couple days away from the tv event of the year. if there's any time you want a
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new television, particularly, a big one, it's probably now. the other reason is the 2012 sets are on the way out. 2013 sets will be coming on the market in another month or two. the whole industry is motivated to sell you a television set now because they want to get rid of the older ones. prices are lower, 5 end -- and they will be lower in a few weeks from now. gerri: you could wait. >> you could wait. if you are buying before super bowl, get a price guarantee if the store's going to drop the price, they will refund you the difference. gerri: i want to do this in the order you like. i think you wanted to start with lg. bottom line here, consumer reports look ated -- looked at the tvs and tested them. >> i want to start with samsung. it's a great example of how much tv you get for your money. a 650 tv set. it has very good picture. uses the technology called plasma which is the technology that is very beautiful deep
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blacks, and it's also got -- gerri: typically the criticism of these tvs, is that the blacks were gray. >> very black, and you can see well. the picture is bright from any angle with a plasma set, which is important for something like a super bowl party. everybody can see even if they're in the kitchen getting a drink while there's a touchdown. $650, 51 inches. move up, spend twice as much as that, the lg. the lg, 55 inch set. now, this uses lcd technology which is the most common technology in televisions. really nice and bright,, but not quite as black. this is a very good set. $1200, you add in -- gerri: why does it cost twice as much? >> it's bigger and adds online access. you can go to netflix and so on with this tv set. really a nice performer. additional features that the samsung does not. gerri: pansonic.
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>> it's the impress your neighbor's set. it's $2500 -- gerri: 3700 >> is that right? >> it is, but right now, it's $2600 widely. 65 inches. this is one of the best television sets tested. i mean, the other one, the lg had an excellent picture, but this is the high end of excellence. it blew the testers away. it's got a lot of really nice features, and a tremendously big picture. the other thing it's got is design which is, you know, increasingly important. it's extremely thin. it has a really beautiful bezel. gerri: originals were just -- it was hard to set them up in a room because they were so fat. these are skinny, much different. tell me the one thing i have to know to ask the salesman as i go in. what should i already have my mind made up about? >> the size you want. look at getting the biggest size that you can afford.
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chances are your room is big enough for it, and you really want to appreciate that extra size once you get the set home. gerri: plasma or lcd, make that one, and the resolution. 3-d or not? >> 3-d pretty much is built into all but the cheapest sets now. the very cheapest brands. you get 3-d, get it anyway. don't pay extra for it, but you don't really have to anymore. gerri: all right, palm, thanks for coming on. now we know how to buy a tv set for the super bowl. thank you so much. good stuff. >> thank you. gerri: all right. this super bowl is extra special this weekend because the head honcho of the 49ers and coach of the ravens are brothers as you probably know. as john and jim prepare to take the rivalry to the super dome, here's a look at other famous siblings in the world of sports. the dassley brothers. they were not athletes, but partners in a show company.
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number four, the world of baseball, the brothers, jason and jeremy, played for the oakland a's. jeremy's career played a role in the movie "money ball," which was fantastic. jason has better stats, but he took steroids. number three, phil and tony in competition on the ice and off. when they were coaches of the rangers and the penguins. number two, the manning boys, peyton and eli, football stars dominating the sports. eli has two rings to peyton's one, but the older brother gets paid more. check out all the commercials he's in. number one rivalry in sports is, you know this, the william s #* sisters. it's the sisters. looking at the facts, the most successful siblings, 15 grand slam single titles between them. amazing. they are not always in competition, they won 13 grand slam doubles titles, and the
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reigning olympic champions. amazing. still to come in the show, my two cents more on an unusual job opening in washington state. you want to hear about it. with three days to go before the big game, you need more than just a big screen tv for the perfect man cave. we got you covered with a list of must-haves coming up. ♪
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gerri: super bowl sunday, man cave style. how to build the ultimate get away for the big game without breaking the bank. details in two minutes.
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gerri: oh, the qint sensual man cave, the room in the house where you guys with get away from us women, crack open a cold one, and watch the big game. honestly, who needs tickets when you kick back in the comforts of your own home. joining me with tips, senior editor for retailmenot.com. it takes two women to figure out how to do the man cave. we know how to do it right. >> exactly. gerri: ever man i know lays back in a big chair and watches the game from a reclining position. >> absolutely. it's not about that big old old school chair anymore. i found a great chair on overstock.com from christopher knight, a reclining leather chair, just $199. overstock.com is great for things like that. find great items. there's a beer and wine cooler
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for $141 for the man cave as well. gerri: is that it? >> no, we have a picture. gerri: talking about keeping drinks cool. how? >> absolutely. we have all these great branded items from nflshop.com, my favorite places to buy game gear. rhs, 49ers, hold the cans in there. they are buy your chair to keep everything cool; right? gerri: looks like the top of the can. >> isn't that great? we have beer steins and pitchers, all with your favorite teams. obviously, we did the ones for the super bowl, but you can do any team you'd like. a very sophisticated wine tool set as well. branded in your favorite team. you see it here. that's cool. that's the robert wine opener which is lovely. you know, high class for the man cave as well; right? gerri: goes either way. >> right, right. gerri: general supplies. >> snacks, all great snacks.
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a platter with chips and dips, they can have your team on it as well. cheese trays, this swivels out, which i like. again, your favorite team, nfl shop.com. @%ey are lovely. you have the football player as well. bowls, and this is funny, called the snack hat; right? gerri: i love it. >> exactly. favorite team as well. you can find your snacks, kips in there as well. gerri: hilarious. put the dips in the front. >> yes. gerri: you can keep food items hot? >> a slow cooker, but a three well. make three of the favorite snacks this there. this is from walmart, and, by the way, i selected these things because we have coupons for them on retailmenot because we are mindful of the budget; right? gerri: love it. what is this? >> a corn dog maker. teaches you how.
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deep it in the corn, put the hot dog in there, and it cooks it, and it actually makes pattern on it to make it look like a real corn dog. gerri: a pizza maker out there. do i need this? it looks so -- you know what? looks like something a man would love. >> it's cool. it rotates. you can heat a pizza, for instance, or you can make a fresh pizza in this guy. gerri: make your own pizza from scratch. there's always that. this is great. a lot of fun stuff, and i'm sure the men say thank you to the women who put this together for them. >> exactly. gerri: we'll be right back with the two cents more and answer to the question of the day. what's a better investment? stocks or wine? i know how i vote. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda.
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gerri: well, earlier in this hour we talked about alternative investments, particularly wine, which is growing in popularity as an investment. which is better, weiner stocks? years with some of your posting. i think the stock's market will crash and that we rid of the funny money the treasury secretary printed up. but for five hours wind, for five years stocks. stocks because i would be tempted to pop the cork on my investment. that is a problem. we also asked the question on gerriwillis.com. 52 percent said yes, 48 percent said no. 52 percent said stocks. 48 percent said wind. that's closer than i anticipated [laughter] be sure to log onto gerriwillis.com for online question every weekday. here are some of your e-mails. this idea that social security is going broke is sad. the politician he st

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